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The pay scale was originally created with the purpose of keeping federal salaries in line with equivalent private sector jobs. Although never the intent, the GS pay scale does a good job of ensuring equal pay for equal work by reducing pay gaps between men, women, and minorities, in accordance with another, separate law, the Equal Pay Act of 1963.
Among all workers, 30.0 percent are in jobs with no minimum education requirement, 40.1 percent are in jobs where a high school degree is the minimum requirement, 19.3 percent are in jobs where a bachelor's degree is the minimum requirement, and 10.6 percent are in jobs with some other minimum requirement (for example, a graduate degree).
A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employee's level, rank or status within the employer's organization, the length of time that the employee has been employed, and the difficulty of the specific work performed.
There are specific STEM fields that do not require advanced degrees and pay particularly high salaries. These 5 college majors have the highest salary potential | College Connection Skip to main ...
NBC Universal 2 months ago Health care jobs are in demand in 2025 — one of the top roles can pay $385,000. The health sector holds many of the best job opportunities for workers in 2025, due to ...
Graduates can find jobs as cybersecurity analysts, information security managers or compliance specialists, with the annual base salary for this degree averaging around $91,000. Human resources
Occupation refers to the kind of work performed in a job, and the concept of occupation is defined as "a set of jobs whose main tasks and duties are characterized by a high degree of similarity." A person may be associated with an occupation through the main job currently held, a second job, a future job, or a job previously held.
A pay grade is a unit in systems of monetary compensation for employment. It is commonly used in public service, both civil and military, but also for companies of the private sector.
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